{"data":{"id":"us-ok/okla.-stat.-tit.-15-15-247","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 15, § 15-247","heading":"Exemptions","body":"\n\nThe provisions of the Fair Practices of Equipment Manufacturers,\n\nDistributors, Wholesalers and Dealers Act shall not require the\n\nrepurchase from a dealer of:\n\n1. Any repair part which is in a broken or damaged package;\n\nprovided, however, the supplier will be required to repurchase a\n\nrepair part in a broken or damaged package, for a repurchase price\n\nthat is equal to eighty-five percent (85%) of the current net parts\n\ncost for the repair part, if the aggregate current net parts cost\n\nfor the entire package of repair parts is Seventy-five Dollars\n\n($75.00) or higher;\n\n2. Any repair part which because of its condition is not\n\nresalable as a new part without repackaging or reconditioning;\n\n3. Any inventory for which the dealer is unable to furnish\n\nevidence, satisfactory to the supplier, of clear title free and\n\nclear of all claims, liens and encumbrances unless such inventory\n\nwill be free and clear of all claims, liens and encumbrances\n\nimmediately upon payment by the supplier of amounts due herein to\n\nsuch lien holders;\n\n4. Any inventory which the dealer desires to keep, provided the\n\ndealer has a contractual right to do so;\n\n5. Any equipment or repair parts which are not in new, unsold,\n\nundamaged, complete condition, subject, however, to the provisions\n\nof this act relating to the demonstrators;\n\n6. Any equipment delivered to the dealer prior to the beginning\n\nof the thirty-six-month period immediately preceding the date of\n\nnotification of termination;\n\n7. Any equipment or repair parts which were ordered by the\n\ndealer on or after the date of notification of termination;\n\n8. Any equipment or repair parts which were acquired by the\n\ndealer from any source other than the supplier unless such equipment\n\nor repair parts were ordered from, or invoiced to the dealer by, the\n\nsupplier; or\n\n9. Any equipment or repair parts which are not returned to the\n\nsupplier within ninety (90) days after the later of:\n\na. the effective date of termination of a dealer\n\nagreement, and\n\nb. the date the dealer receives from the supplier all\n\ninformation, documents or supporting materials\n\nrequired by the supplier to comply with the supplier’s\n\nreturn policy; provided, however, this paragraph will\n\nnot be applicable to a dealer if the supplier did not\n\ngive the dealer notice of the ninety-day deadline at\n\nthe time the applicable notice of termination was sent\n\nto the dealer.","path":["OK Code","Title 15"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os15.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"9d7d797cceab67661f4390d56c94806c0977e9fd99aec29287b79da9d3a41c84","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-15-15-246","next":"us-ok/okla.-stat.-tit.-15-15-248"},"notice":"GroundRules: Original legal text. Not legal advice."}